A typical Townsend home is worth roughly $145,000
What kind of housing town is Townsend?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.8 years of income
Less than across Ohio (3.5 years). Try your own numbers below.
That covers a typical Townsend home, with $50K to spare.
A two-bedroom rents for about $980 a month here, $80 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Townsend’s typical property tax (1.19% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
74% of Townsend households own their home
Half of Townsend’s homes were built before 1947.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A two-bedroom rents for about $980
Renters already here pay a median of $1,130.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Erie County, OH HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Townsend vs. its neighbors
Townsend is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Townsend | $145K* | — | $980 | — | $52,128 |
| Margaretta | $191K* | +7.1%† | $1,100 | 10 | $78,333 |
| Riley | $196K* | +2.8%† | $980 | 0 | $61,806 |
| York | $208K* | +8.6%† | $980 | — | $80,385 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Townsend buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.